PPP Loan information for Dynamic rugs inc

$212,333

Dynamic rugs inc was initially approved for PPP Loan of amount $212,333, the current approved amount is $212,333. The loan was approved on 03/12/2021 by The Truist Bank reported 24 jobs and $212,333 was used to fund payroll.

Dynamic rugs inc is Existing or more than 2 years old

DYNAMIC RUGS INC

Date Approved

03/12/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

DYNAMIC RUGS INC

Borrower Address

4845 Governors Way

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21704-8333

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

212332.95

Current Approval Amount

212332.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21704-8333

CD

MD-06

Jobs Reported

24

NAICS Code

423220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

212330.95

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

213164.59

Forgiveness Date

08/04/2021

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